ASX

Life/Risk

St Andrew’s insurance is set to become an independent player in the Australian market after being sold by the Bank of Queensland to investment player, Farmcove Investment...

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Financial planning

The new tool is meant to help consumers find a financial adviser working at ASX trading participants....

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Funds management

Dividend cuts during reporting season is an important reminder that a long-term outlook is required for generating income from equities, according to First Sentier Invest...

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Funds management

WAM Capital has announced its conditional off-market takeover bid for Contango Income Generator Limited, offering shareholders an opportunity to exit. ...

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Funds management

Despite the average Australian equity fund returning 41% over the last five years, fears of underperformance and hidden fees are the biggest challenges for firms to dispe...

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Financial planning

Non-advised clients were more likely to switch their investments to cash or increase cash allocations during the pandemic than advised ones, according to the Australian S...

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Policy & Regulation

Barely weeks after the new litigation funding licensing regime became law, one of the biggest funders has obtained its Australian Financial Services License. ...

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Funds management

Charter Hall Group has extended its partnership with BP by creating a new fund that has acquired a 49% interest in a NZ$534 million portfolio leased to BP in New Zealand....

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Funds management

The ASX Small Ordinaries returned 7.25% in August and one fund has returned 23% over the past year. ...

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Funds management

The Australian Competition and Consumer Commission will not oppose the Iress acquisition of OneVue....

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Financial planning

IOOF has sought a two-day trading halt as part of a capital raise for a potential acquisition. ...

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Policy & Regulation

The Australian Securities and Investments Commission has signalled it will not be pursuing the Commonwealth Bank over possible AUTRAC-related violations of the Corporatio...

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Financial planning

Centrepoint Alliance has reported a 61% growth in adviser fees during FY20, followed by an 11% growth in gross revenue driven by strong growth in new advisers and signifi...

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Funds management

Funds under management rose 110% for Netwealth’s managed accounts as the firm releases its results for FY2020. ...

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Financial planning

The big four bank said it would not pay dividends for the first half of 2020 to retain its strong balance sheet while it monitored the uncertain environment....

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Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 days 16 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

6 days 22 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 4 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 6 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

5 days 20 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

4 days 23 hours ago